December 4 – The United States Supreme Court issues a unanimous decision in a suit brought by CSX Transportation against the state of Georgia. CSX alleged that the method that Georgia used to assess the railroad's property value within the state was improper. Lower courts agreed with the state, citing the 1976 Railroad Revitalization and Regulatory Reform Act but the Supreme Court disagreed saying the act "prohibits States from discriminating against railroads by taxing railroad property more heavily than other commercial property in the State." (Jurist)(AP)

Did you know...

...that the amount of corruption in the way the Oregon and California Railroad sold the land grants it received was so great that US President Theodore Roosevelt made a special effort to "clean up the O&C land fraud mess, once and for all!"?